Intel (NASDAQ:INTC) Shares Down 7.1% - Here's What Happened

Key Points

• Intel shares fell by 7.1%, trading as low as $23.36 during the day, significantly lower than the previous closing price of $25.31.
• The company reported a quarterly loss of ($0.10) earnings per share, missing analyst expectations, though revenue was slightly above estimates at $12.86 billion.
• Analyst ratings show a consensus rating of "Reduce" with a target price of $22.17, highlighting a mix of pessimistic and cautious outlooks from various analysts.

Shares of Intel Corporation (NASDAQ:INTC - Get Free Report) traded down 7.1% during trading on Wednesday . The company traded as low as $23.36 and last traded at $23.52. 74,279,768 shares traded hands during mid-day trading, a decline of 24% from the average session volume of 98,078,383 shares. The stock had previously closed at $25.31.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Barclays reissued a "reduce" rating on shares of Intel in a research note on Tuesday, April 22nd. Sanford C. Bernstein reaffirmed a "market perform" rating on shares of Intel in a research note on Tuesday. Citigroup reaffirmed a "hold" rating on shares of Intel in a research note on Tuesday, July 8th. Rosenblatt Securities reaffirmed a "sell" rating and set a $14.00 price target on shares of Intel in a research note on Friday, July 25th. Finally, UBS Group lifted their price target on shares of Intel from $21.00 to $25.00 and gave the stock a "neutral" rating in a research note on Monday, July 14th. One research analyst has rated the stock with a Buy rating, twenty-three have given a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat.com, Intel has a consensus rating of "Reduce" and a consensus target price of $22.17.

Intel Price Performance

The company's fifty day moving average price is $21.94 and its 200 day moving average price is $21.62. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.92 and a current ratio of 1.24. The firm has a market capitalization of $102.62 billion, a price-to-earnings ratio of -4.91 and a beta of 1.22.

Intel (NASDAQ:INTC - Get Free Report) last posted its quarterly earnings results on Thursday, July 24th. The chip maker reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.01 by ($0.11). Intel had a negative net margin of 38.64% and a negative return on equity of 3.78%. The business had revenue of $12.86 billion during the quarter, compared to analyst estimates of $11.88 billion. During the same period last year, the firm posted $0.02 earnings per share. The company's quarterly revenue was up .5% on a year-over-year basis. Intel has set its Q3 2025 guidance at 0.000-0.000 EPS. Equities research analysts expect that Intel Corporation will post -0.11 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of INTC. N.E.W. Advisory Services LLC acquired a new position in Intel during the 1st quarter valued at about $25,000. HFM Investment Advisors LLC acquired a new position in Intel during the 1st quarter valued at about $25,000. Vermillion Wealth Management Inc. acquired a new position in Intel during the 4th quarter valued at about $27,000. MJT & Associates Financial Advisory Group Inc. acquired a new position in Intel during the 1st quarter valued at about $27,000. Finally, West Branch Capital LLC acquired a new position in Intel during the 2nd quarter valued at about $28,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Intel Company Profile

Intel Corporation designs, develops, manufactures, markets, and sells computing and related products and services worldwide. It operates through Client Computing Group, Data Center and AI, Network and Edge, Mobileye, and Intel Foundry Services segments. The company's products portfolio comprises central processing units and chipsets, system-on-chips (SoCs), and multichip packages; mobile and desktop processors; hardware products comprising graphics processing units (GPUs), domain-specific accelerators, and field programmable gate arrays (FPGAs); and memory and storage, connectivity and networking, and other semiconductor products.

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